The market is being absolutely hammered today - what a hemorrhage! I thought I was dreaming when I logged on mid-morning - even so called 'safe stocks' are being dumped overboard. But, as Buffet says, when people leave the room that's when smart investors walk in. I loaded up more at about $2.75 and will keep doing so because I know QAN has a tremendous upside. Good cash reserves, solid customer base and profitable peripheral business such as Epicure, Frequent Flyer and not to mention lucrative joint ventures. There's 2 ways to look at negatives (almost a cliche now) that the glass is half empty or half full. Well, it's half full today because listen folks, $2.75 X 2 = $5.50 and some instos still have QAN valued at $4.60 which is about $1 less than that. Britain in or out? The market is jittery about this so all stocks are suffering. This is when you get in - exploit fear. The same happened Jan 2015 over the Greek bailout fiasco. Stocks tumbled, then recovered within a few months.
Today, QAN opened at $2.91 then immediately climbed to $2.93. This indicates that if this were a fuzzy, warm, wiggles happy day QAN would be at $3 today but because the exit / panic floodgates are open it's being creamed like everything else. Look at the volume - 15 million units and climbing - that's 43 million dollars and still 90 mins away from market close. I have personally witnessed this stock climbing over 40c in ONE day. Listen to 'Occam's razor' that the most simple explanation is usually the most credible. Get them cheap folks.
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QAN
qantas airways limited
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0.28%
!
$10.58

The market is being absolutely hammered today - what a...
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Last
$10.58 |
Change
-0.030(0.28%) |
Mkt cap ! $16.00B |
Open | High | Low | Value | Volume |
$10.65 | $10.72 | $10.58 | $22.81M | 2.148M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 765 | $10.58 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$10.65 | 3144 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 765 | 10.580 |
1 | 24200 | 10.570 |
2 | 10430 | 10.560 |
5 | 11980 | 10.550 |
1 | 10139 | 10.540 |
Price($) | Vol. | No. |
---|---|---|
10.650 | 3144 | 3 |
10.660 | 1000 | 1 |
10.680 | 12992 | 3 |
10.690 | 1100 | 2 |
10.700 | 76504 | 7 |
Last trade - 16.10pm 04/07/2025 (20 minute delay) ? |
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QAN (ASX) Chart |
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NEURIZON THERAPEUTICS LIMITED
Dr Michael Thurn, CEO & MD
Dr Michael Thurn
CEO & MD
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